REGISTERED NUMBER: 12225403 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 AUGUST 2024 TO 31 JANUARY 2026

FOR

Westfit Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

Director:

Miss D Webster

Registered office:

Unit 20, Forresters Business Park

35 Estover Close

Plymouth

Devon

PL6 7PL

Registered number:

12225403 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

30,337

32,264

Investments

5

46,585

50

Investment property

6

810,000

750,000

886,922

782,314

Current assets

Debtors

7

16,974

86,597

Cash at bank

100,164

3,159

117,138

89,756

Creditors

Amounts falling due within one year

8

9,385

21,015

Net current assets

107,753

68,741

Total assets less current liabilities

994,675

851,055

Provisions for liabilities

9

46,600

30,500

Net assets

948,075

820,555

Capital and reserves

Called up share capital

10

1,000

1,000

Revaluation reserve

11

244,600

199,600

Retained earnings

702,475

619,955

Shareholders' funds

948,075

820,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2026 and were signed by:

Miss D Webster - Director

1.	STATUTORY INFORMATION

Westfit Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, business address and registered office address can be found on the company information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Westfit Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents amounts invoiced ( net of applicable vat) for leasing of equipment, rent of premises and related service charges, adjusted for amounts invoiced in advance or in arrears as at the balance sheet date.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings - 10% on reducing balance

Computers - 50% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

Cost

At 1 August 2024

54,564

Additions

2,386

At 31 January 2026

56,950

Depreciation

At 1 August 2024

22,300

Charge for period

4,313

At 31 January 2026

26,613

Net book value

At 31 January 2026

30,337

At 31 July 2024

32,264

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaki

£

Cost

At 1 August 2024

50

Additions

46,535

At 31 January 2026

46,585

Net book value

At 31 January 2026

46,585

At 31 July 2024

50

The shares relating to group companies are:

Company

Shares held

Activity

Westcare Ltd

100%

Trading

Define (SW) Ltd

75%

Non trading

Talpa Office Products Ltd

100%

Trading

6.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 August 2024

750,000

Revaluations

60,000

At 31 January 2026

810,000

Net book value

At 31 January 2026

810,000

At 31 July 2024

750,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2023

225,000

Valuation in 2025

60,000

Cost

525,000

810,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Amounts owed by group undertakings

16,500

86,542

VAT

-

55

Prepayments

474

-

16,974

86,597

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Corporation tax

1,500

12,450

VAT

380

-

Other creditors

3,365

5,643

Director's loan account

4,140

2,922

9,385

21,015

9.	PROVISIONS FOR LIABILITIES

2026

2024

£

£

Deferred tax

46,600

30,500

Deferred

tax

£

Balance at 1 August 2024

30,500

Provided during period

16,100

Balance at 31 January 2026

46,600

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

11.

RESERVES

Revaluati

reserve

£

At 1 August 2024

199,600

Transfer to revaluation

reserve

45,000

At 31 January 2026

244,600

12.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £4,140 to Miss D P Webster a director of the company.

During the period, the company received the following amounts from its 100% subsidiary, Westcare Limited

Rent and service charges

£ 94,875

Hire of equipment

£ 7,500

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss D Webster.